List three steps in buying a home. What are some important points to consider in your purchase?

Answer 1

1. Deciding that you'd rather buy than rent a home.
2. Deciding how much you can reasonably spend for mortgage payments.
3. Saving money for a significant down payment.
4. Preferred locations of your home.
5. Size of house you need.

Answer 2

Also decide what qualities you are looking for in a home (number and size of bedrooms and baths, back yard qualities, kitchen qualities, etc.).